DeFiWalker

I've been tracking DeFi onchain for a while. Most CT follows price. I follow money flows. Here's who I am, what I track, and why the next 90 days matter 🧵

@CarrascosaCris_ Y ahora xStocks para DeFi lovers!🫶

Fueron los primeros en invertir MUCHA pasta en regulatorio. Se llevaron a Santori (el primer y mejor abogado cripto que hay), lo hicieron CLO y se pusieron a pedir licencias como locos. Son el único CASP que tiene TODO (hasta acceso a las cuentas de la Fed) lo que puede necesitar una Fintech que no solo quiere ofrecer servicios bancarios sino productos financieros tokenizados. Kraken lleva años haciéndolo MUY bien

6 months ago KuCoin admitted fault for my $300K liquidation. Here's what happened since. I took a Google Meet with their Head of Futures. I went to an in person meeting at Tribes in Dubai Mall with their Global Business Director. I sent 10+ proposals. I gave them every possible way to make this right. On the call they took full responsibility. They admitted the liquidation was caused by broken infrastructure. Their platform failed and they said so themselves. But here's the part that's hard to believe. Their Head of Futures couldn't understand basic futures mechanics. I had to explain how margin, liquidation and order book depth works to the person running the futures division at a top 10 exchange. The person responsible for resolving my case didn't understand the product that caused it. Their first offer: bring us $2.5 billion in trading volume and you can "earn it back." I did the math for them live in the chat. $10,000 per 100M volume. That's 0.01% return. To recover $250K I would need to generate the monthly volume of a top 50 institutional desk. For free. I said no. Their second offer was worse. $20K upfront, but only if I hit 1,000 active users and $300M in volume first. Then a $30K "cashback" that requires KuCoin's manual approval. I said no again. Their third offer was even worse than the second. $10K/month. Halved the numbers from the deal they already couldn't close. After an in person meeting. After a Google Meet. After weeks of negotiations. Every single offer came with the same condition: delete the tweets, stop talking, and come work for us as a KOL. Promote the exchange that wrongfully liquidated me. Bring them users. Make them money. Then maybe they'd consider giving back what they took. I told them in the chat: "It's like someone steal from me $250K and then tells me come work for me and you'll make it back (maybe)." Their response? "Let me think about it." Then silence. Weeks of silence. I had to chase them for every single reply. Christmas came and went and I gave them a final deadline January 6th. They came back with yet another lowball. KuCoin had their Head of Futures, their Global Business Director, and multiple senior reps in this group chat. They all saw every message. They all went quiet when it mattered. Today I'm releasing the full 30 minute Google Meet recording and the complete Telegram history. Every message. Every offer. Every time they went silent. You'll hear them admit fault and then watch them do nothing about it. They had 6 months to make this right. They chose silence. Video drops today.

C) Want to explain to the community why Kucoin allowed a threat actor to launder $9.5M+ tied to a fake Ledger app via 150+ Kucoin deposit addresses over the past week? A few days before that another threat actor laundered $3.5M+ from the Bitcoin Depot incident via 25+ Kucoin deposit addresses. You’ve enabled instant exchanges abusing KYC and entities like AudiA6, a centralized mixer for illicit actors to operate freely. Kucoin deserves to have regulators come after its business once again.

@denisfinanzas @0xFatih @Polymarket JAJAJAJAJAJA ojalá. Paso a lista forbes directo entonces😂

@0xFatih @Polymarket $1k volume $4k airdrop impossible kardesim

Polymarket airdrobu için Resmi OLMAYAN TOPLULUK YAPIMI Checker! Arkadaşlar topluluktan birisi @Polymarket airdrobu için checker yapmış bence kriterleri güzel belirlemiş toplam airdrop yüzdesi ve fdvyide siz belirliyorsunuz. Ben tier dağıtım, 15B fdv, %15 airdrop ve 500k eligible walleta göre hesapladım. Tier sistemi olursa güzel yediriyor lineerde pek bir sey bırakmıyor. Biz bu işin asimetrik bet tarafındayız. MALİYETSİZ kastiginiz sürece uzmeyecek bi airdrop. Gidipte kumara düşmeyin. > Tier: 316 $POLY (~$4,740.00) checkpoly.vercel.app

@edison0xyz To expand users you need some users first… Where are they? Don’t know how to trust in a project where at TGE, the CEO says “U can short Based on Binance”. Awesome. Give the fees back🤡

Based has been building crypto frontend to interface with permissionless markets on Hyperliquid. We do not hold custody or provide order routing. This clears up path for Based to expand more aggressively worldwide to onboard more users.

@AriPingle @Rightsideonly @tradexyz Awesome job! Gonna try🥸

Yesterday, Hyperliquid oil perp was paying -300% annualized funding. Onchain infrastructure is telling us something about how commodity markets will work going forward @tradexyz perps use CME front month as the oracle. Front month ~$95, back month ~$87. Oracle rolls over 5 business days, stepping down ~$1.70 per shift The "obvious" trade is to short the perp, hedge on CME, collect the roll. We open-sourced a model to price it w/ a link at end of the 🧵

@ProscritoInvest Si está por debajo de $5k es una ganga. Deberíamos estar comprando todos los XRP que vende la directiva!🤷‍♂️

Pues resulta que lo que van a pedir los iraníes como pago de aduanas por pasar los cargueros en Hormuz es BTC y no XRP. Habrá que bajar el target a $10K por token y no $35K.

@0xMovez 87.3% of pricing errors on Polymarket follow non-random patterns. The longshot bias from horse racing research landed here intact. Been tracking which wallets are consistently on the right side of it.

@LexMorenoCripto @castle_labs Que opinas de $KNTQ (como derivada de Hyperliquid) y $LIT? 🧐

Buenísimo artículo como siempre de la mano de @castle_labs Resumen: Apenas hay 200 protocolos/productos crypto que generan +100k mensuales en revenue De esos 200, 50 solo han hecho 100k holders revenue De HYPE, PUMP (solo en fase alcista) , SKY, y POLY a futuros si cumple⬇️ Con un tokenomics bien diseñado para dar valor al token y beneficios a holders Más allá, luego te quedan sin cumplir este holders revenue míticas bluechips o tokens Alfa líderes en su Narrativa Si tuviese que comprar algo hoy en día además de los tokens dichos arriba, sería: $ETH $SOL $BNB $TRX cuarteto Efecto Lindy $XRP secta ISO2022 $TAO IA líder $XMR privacidad Fuera de estas 10 opciones, para mí todo el mercado crypto actualmente es EV- Hay 3 tokens más que tengo en mira y quiero acumular silenciosamente porque tienen buena pinta Son 3 lowcaps que me interesan mucho y cumple bastantes de mis expectativas, espero poder pillar buena bolsa antes de iniciar la fiesta ¿Qué opináis de este post y como está el panorama de las Altcoins? ¿Alguna que se me olvide que creáis que sea top y no tenga en cuenta? 👀⬇️

@0xthade @coinbase @RobinhoodApp You have spot equitis at @felixprotocol 🚀

Sent $USDH and received in my bank account in 20 minutes. Goodbye @coinbase 👋 And when Hyperliquid has spot equities, goodbye @RobinhoodApp 👋

Xplained here!👇 x.com/defiwalkerr/st…

@Polymarket @HyperliquidX @paradigm → Subscribe for full access: @defiwalker" target="_blank" rel="nofollow noopener">substack.com/@defiwalker

@Polymarket went from $0 in fees to the 7th highest revenue protocol in all of DeFi in 14 weeks. @HyperliquidX is building prediction markets natively on the same engine as perps. @Paradigm is building a pro trading terminal for this space. The window for retail alpha is closing. Full breakdown👇

@Obesepotato_hl Quite awesome the founder saying to short his own token😅 Showing great confidence with his work🤡

BASED founder told you to short on Binance with 20x If you had listened to him, you would have made 1000%

@lordjorx @roycoprotocol Yes sir! April finals if i'm not wrong :)

@DeFiWalkerr @roycoprotocol For Strata you mean?

Royco's second life is built on slicing DeFi risk. Most people remember @roycoprotocol for the Berachain liquidity rush. $3 billion TVL in weeks, then a quiet fade when the hype died. But Royco pivoted hard. They've moved from Incentivized Action Markets into yield tranching, and they already have 6 live markets running. The core idea is simple: you can tranche almost any yield strategy. Senior tranches get stable, lower returns. Junior tranches absorb the volatility and risk and capture the upside. Risk is distributed among participants rather than eliminated. Large investors get safer products than usual while still maintaining competitive yield. What makes this interesting: > The team whitelists strategies, so there's curation > 6 markets are already live and generating real yields > You can build tranches on top of nearly any DeFi primitive I'm watching this closely because yield tranching is one of the few DeFi mechanisms that could actually mature into something institutional. The risk doesn't disappear, but it gets allocated to people who want it. That's a step forward. The code needs to be bulletproof, insurance needs to exist, and the whitelisting process needs to stay rigorous. But dismissing Royco because Berachain didn't stick is lazy. They moved on. We should pay attention.

Y en Flare puedes dejarlo en lending desde hace años… Y ahora tienes el LST en Firelight. Absolutamente nada nuevo. Pero como lo que se necesitan son noticias y promesas… Con esto ya os va bien😊 Se decía lo mismo cuando estaba a $3, y despues de un 60% de caída decís EL MISMO discurso!

@Xaviololo Esto no es ninguna novedad, ya se podía hacer... otra cosa es que la mayoría de usuarios de XRP no tienen ni idea de DeFi.

XRP HOLDERS No tienes que vender NI UN SOLO XRP nunca. XLS-66d ya está en votación. Cuando pase, podrás prestar tu XRP en un pool nativo del ledger y ganar 4-7% anual sin perder la propiedad. Sin bancos. Sin intermediarios. Sin entregar tus claves. Tú eres el banco. Tu XRP trabaja para ti… generación tras generación. ¡No vendas la gallina de los huevos de oro!

@Brokelays @variational_io Just there’s less people.

Best points week for me in @variational_io with 35.2pts. More than double the points I usually get. Honestly, I thought I would get less. My OI/volume was same or lower, my net realized PnL was negative, and I withdrew half my funds. The only reason I can think of is that I tried something new. I traded XAUT for the first time. Or was it good week for everyone?

@0xBroze Without a doubt. DeFi lovers we need good and safe on-ramp procedures without need of CEXes. It’s a bottle-neck! Hope it works as good as equities @0xBroze !

Testing the new USDH account portal that should be released soon...it's quite good Felix team has been a power user of the Native Markets institutional onramp/offramp product for the past 6 months or so, which lets us go from bank -> USDH and USDH -> bank in ~10-15mins + 2 or 3 clicks. With new USDH account portal, seems NM team will be bringing that tech to all users, not just onboarded institutional players (no more need to go through CEX for retail onramp/offramp) Some of the key features I'm seeing while checking it out: >Free onramp from USD bank into USDH >Free offramp from USDH into bank >Link crypto accounts and banks to set up fast onramp/offramp flows How important is free USD -> stables onramping for on-chain natives? What about other currencies like EUR/MXN/BRL/KRW, etc? Curious to hear who is lacking good onramp/offramp support rn